Answer to Question #315845 in Management for Binx

Question

2.1 “While the “future of work” was well underway before the pandemic, COVID-19 has clearly hastened its arrival.”

Elaborate on the term “future of work” and discuss the impact this will have on leadership and human capital management.

Answer 1

The world of work is changing, and the term "future of work" relates to how work and the workplace will evolve in the years ahead. The COVID-19 pandemic has hastened the shift towards the future of work through embracing aspects such as remote employment and the gig economy. The future of work will have an impact on leadership and human capital management as it will require a shift to remote work and the emergence of virtual workplaces. Work spaces have to be redesigned to keep people connected while physically apart, and leaders must invent new ways to keep productivity high. The future of work also embodies digital transformations in both internal and external processes and work leaders have to align their workplaces with emerging technologies. The future of work is presenting a changing role of leadership due to replacement of human input with AI and other technologies. There is an emerging role of leadership in creating healthier workspaces.